Heavily beat down stock because of the pademic. But, it has been slowly picking up the business. Fundamentally good stock with good support from international subsidiaries. Go Long for Short term and Long Term. Short term target of 450. (Upside of 25% expected)
This is just my personal opinion. I'm not a financial advisor. This for educational purpose only....
NIFTY Is forming a zig zag formation , along with falling wedge formation and impending MACD cross over. All three point to NIFTY poised to go upwards in Short term.
This analysis is not by a professional, this is by a budding trading enthusiast.
Please do not consider this a suggestion or recommendation. This is just for educational purposes
This is just a graph of sectoral indices have fared in the last 30 years or since inception. It's purely for educational purposes and not indicative of any suggestions.
